Loom Network (LOOM)

Loom Network is an American startup with its own cryptocurrency, implemented on the Ethereum blockchain. It is designed to solve the problem of scalability when working with decentralized applications. Cryptocurrency of Loom Network has a stock Ticker LOOM. It was established in the first quarter of 2018. A total of 1 billion coins was released, of which 606 million LOOM are in circulation at the time of writing. As of May 23, 2018, the total capitalization exceeds 243 million dollars. The daily turnover on all exchanges is $8 million. The token costs $0.4. Trading with LOOM token began on March 14, 2018, at a price of $0.076. So far, the coin shows an upward trend in growth. Especially the token has grown in value since May 2, when listing of LOOM on the Binance crypto exchange was held. In just 3 days, the price rose from $0.31 to $0.69.
Rank 90
Price $0,07
Market Capitalization $47 977 922
24 Hours Volume $2 561 054,67
Available Supply 692 101 055
Total Supply 692 101 055
Change (1 Hour) %
Change (24 Hours) % (%)
Change (7 Days) %
News
March 14th, 2019

Coinbase adds Stellar Lumens to its professional trading service Coinbase Pro. Initially, XLM trading will be only available for customers in Coinbase’s supported jurisdictions, expect the state of New York.

December 21st, 2018

Coinbase said Thursday it had expanded its product to several European countries and overseas territories, including Lithuania, Iceland, Andorra, Gibraltar, Guernsey and the Isle of Man.

December 19th, 2018

On their 9th day of Christmas, Coinbase decided to add new ERC20 tokens to their platform. Earlier this year they announced their intention to support this technical standard across Coinbase. New features and tokens also expected in 2019.

December 11th, 2018

Civic, district0x, Loom Network, and Decentraland are already available to trade on Coinbase Pro.

December 7th, 2018

Coinbase is exploring a possibility to add support for a list of 31 coins, including XRP that is currently the second-largest cryptocurrency by market cap.